Search found 193 matches
- Sun Jan 17, 2016 10:55 pm
- Forum: Other Discussions
- Topic: TrueCrypt discontinued?
- Replies: 15
- Views: 5685
Re: TrueCrypt discontinued?
VeraCrypt is continued development of TrueCrypt with lots of fixes https://veracrypt.codeplex.com/
- Sun Jan 17, 2016 11:09 am
- Forum: Gold
- Topic: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
- Replies: 192
- Views: 98892
Re: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
This is how they calculated exchange ratio: NAV to NAV Exchange Ratio In connection with the Sprott offer for GTU, the NAV to NAV Exchange Ratio (as defined in the Sprott offer) is 4.3997 PHYS units per GTU unit. In addition, if the Sprott offer is completed each GTU unitholder will receive the Bonu...
- Sun Jan 17, 2016 10:38 am
- Forum: Gold
- Topic: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
- Replies: 192
- Views: 98892
Re: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
with google finance end of day values GTU 39.42 / PHYS 8.94 = 4.4094
4.4108 * 8.94 PHYS = 39.4325 GTU
and
Net asset value per Unit $39.76
from http://gold-trust.com/asset_value.htm
so it seems they are converting to PHYS at a discount, which means we are kinda at a loss?!
4.4108 * 8.94 PHYS = 39.4325 GTU
and
Net asset value per Unit $39.76
from http://gold-trust.com/asset_value.htm
so it seems they are converting to PHYS at a discount, which means we are kinda at a loss?!
- Sun Jan 17, 2016 10:31 am
- Forum: Gold
- Topic: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
- Replies: 192
- Views: 98892
Re: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
I found this As a result of the completion of the Merger Transaction: (i) GoldTrust unitholders received an aggregate of 4.4108 units of Sprott Physical Gold Trust in exchange for each unit of GoldTrust; https://finance.yahoo.com/news/central-goldtrust-announces-completion-merger-020900760.html What...
- Fri Jan 08, 2016 8:39 am
- Forum: Gold
- Topic: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
- Replies: 192
- Views: 98892
Re: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
So what should we do? Sell?
- Thu Jan 07, 2016 12:46 pm
- Forum: Other Discussions
- Topic: Merry Christmas!
- Replies: 2
- Views: 2418
Re: Merry Christmas!
Merry Christmas!
- Tue Jan 05, 2016 9:22 am
- Forum: Gold
- Topic: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
- Replies: 192
- Views: 98892
Re: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
What is this Management GREEN Card vote that they sent us?
- Tue Jan 05, 2016 3:44 am
- Forum: Permanent Portfolio Discussion
- Topic: US to total world market (non-US person)
- Replies: 2
- Views: 1762
US to total world market (non-US person)
I'm running 100% pure US PP despite being a non-US person (I'm planning to retire in 20-30 years either some cheap European location or Asia). Given the recent outperformance of the US market, I'm being tempted to switch equity portion of PP from S&P500 (VUSD) to total world (VWRD). Would you do...
- Mon Jan 04, 2016 3:32 am
- Forum: Stocks
- Topic: Fidelity reduces tracker fees in the UK
- Replies: 4
- Views: 4493
Re: Fidelity reduces tracker fees in the UK
Still seems very expensive: Service fee This covers the costs of everything the administrator of your investments offers you. At Fidelity, the service fee is typically at 0.35% of the value of your holdings (or less if you have more invested with us). This fee reduces to 0.20% if you have �250,000 o...
- Mon Jan 04, 2016 3:28 am
- Forum: Stocks
- Topic: Australian PP with international stock component. To hedge or not to hedge?
- Replies: 2
- Views: 3471
Re: Australian PP with international stock component. To hedge or not to hedge?
Hedging to a currency means wanting to subscribe closely to regional monetary policies, regional market performance, borrowing patterns, social policies, etc. So, by saying I don't want to hold only Australian market, you say I want to move away from regional dependence; and then by saying, I want t...
- Tue Dec 15, 2015 1:58 pm
- Forum: Gold
- Topic: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
- Replies: 192
- Views: 98892
Re: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
This is getting annoying. Not sure what to do...
- Wed Dec 02, 2015 1:11 am
- Forum: Permanent Portfolio Discussion
- Topic: Market sizes of PP components
- Replies: 8
- Views: 3304
Re: Market sizes of PP components
I know that it's not used in the design of PP, but my question is to come up with justification of why it should not be used. I'm having hard time justifying it. As part of his justification of PP design, HB has pointed out that while one or more components can tank over 50%, the winning component u...
- Tue Dec 01, 2015 1:19 am
- Forum: Permanent Portfolio Discussion
- Topic: Market sizes of PP components
- Replies: 8
- Views: 3304
Market sizes of PP components
What are the market sizes of the PP components and how come they don't play a role in the respective PP component weights? Here is what I can find: The U.S. market capitalization is $19.8 trillion, or 52% of world market cap (http://www.marketwatch.com/story/heres-the-map-of-the-world-if-size-was-de...
- Wed Oct 28, 2015 10:01 am
- Forum: Gold
- Topic: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
- Replies: 192
- Views: 98892
Re: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
What's going on here? I've been receiving some notices, but I was ignoring them. Sprott managed to take over?!
- Wed Oct 28, 2015 10:00 am
- Forum: Stocks
- Topic: Fidelity reduces tracker fees in the UK
- Replies: 4
- Views: 4493
Re: Fidelity reduces tracker fees in the UK
This looks interesting. Is it possible for non residents to open accounts?
- Sun Oct 18, 2015 9:32 am
- Forum: Permanent Portfolio Discussion
- Topic: The Global PP
- Replies: 45
- Views: 20215
Re: The Global PP
Just checked this ETF is only 50 million in AUM. I've read somewhere one should ideally avoid any ETF with anything less than 1 billion in AUM.
- Sun Oct 18, 2015 4:41 am
- Forum: Permanent Portfolio Discussion
- Topic: The Global PP
- Replies: 45
- Views: 20215
Re: The Global PP
50% - SAAA - iShares Global AAA-AA Government Bond UCITS ETF ( link ) 25% - VT - Vanguard Total World Stock ETF (or comparable gloval equity ETFs) 25% - Gold (either physical or a real ETF that can be delivered) Why not? Beat it down, destroy it. As a negative, I see some currency risk. As a positi...
- Sun Jul 26, 2015 2:05 pm
- Forum: Permanent Portfolio Discussion
- Topic: Permanent Portfolio in the middle east
- Replies: 11
- Views: 4655
Re: Permanent Portfolio in the middle east
You should stick with the regular US PP.
- Sat Jun 20, 2015 1:29 am
- Forum: Other Discussions
- Topic: MediumTex Converts Pointedstick to Christianity
- Replies: 91
- Views: 30304
Re: MediumTex Converts Pointedstick to Christianity
What Does The Future Of Religion Look Like?
https://youtu.be/H1qtTY0VdEY
https://youtu.be/H1qtTY0VdEY
- Sat May 16, 2015 7:11 am
- Forum: Gold
- Topic: The GOLD scream room
- Replies: 3693
- Views: 1747123
Re: The GOLD scream room
It doesn't matter what currency you buy gold in. Once you buy gold, you own gold and not currencies. That is, assuming that one can make commission free, instantaneous, no spread conversions USD -> EUR -> Gold -> EUR -> USD is equal to USD -> Gold -> USD Since you cannot make cost free conversions, ...
- Wed May 06, 2015 11:16 am
- Forum: Permanent Portfolio Discussion
- Topic: No where to hide
- Replies: 804
- Views: 302673
Re: No where to hide
I love it right now as I can buy more at cheaper prices. PP rocks!
- Thu Apr 30, 2015 1:22 am
- Forum: Gold
- Topic: Hard Asset Alliance
- Replies: 7
- Views: 8341
Re: Hard Asset Alliance
Any updates or experiences with this option?
- Thu Apr 23, 2015 2:04 pm
- Forum: Gold
- Topic: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
- Replies: 192
- Views: 98892
Re: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
Thanks for clarification. I like GTU. It's nice to buy at discount. Hope PHYS behaves similarly.
- Thu Apr 23, 2015 12:58 pm
- Forum: Gold
- Topic: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
- Replies: 192
- Views: 98892
- Tue Apr 21, 2015 1:54 pm
- Forum: Gold
- Topic: Shareholder activists are trying to unlock the NAV discount on GTU
- Replies: 53
- Views: 31503
Re: Shareholder activists are trying to unlock the NAV discount on GTU
I voted against Polar.